Fresh Thyme Farmers Market 43480 Ford Rd 28,939 SF Retail Building Canton Township, MI 48187 $8,924,000 ($308.37/SF) 7.75% Cap Rate

CBRE’s Net Lease Property Group—Midwest is pleased to present qualified individuals with the opportunity to acquire 100% fee interest in a freestanding Fresh Thyme located at 43480 Ford Rd in Canton, MI (the “Property”). The original fifteen-year lease has over five years of term remaining, with a healthy 10% rental increase in June 2027 and in each of the four, five-year extension options. The lease is guaranteed by Lakes Venture LLC, the operating all Fresh Thymes and a direct subsidiary of Meijer.
Fresh Thyme is strategically positioned at the Northwest corner of the signalized intersection of Ford Road and Morton Taylor Road, boasting combined traffic counts of over 52,400 vehicles per day. The site is easily accessible via three dedicated curb cuts along Ford Road and Morton Taylor Road. This site is located along a prominent retail corridor with national tenants including Target, BJ’s Wholesale Club, Lowe’s, Kohl’s, Kroger, IKEA, Petco, and Planet Fitness.
Fresh Thyme Farmers Market is a full-service, natural and specialty grocer offering a farmer’s market concept with nutritious options at an affordable price and the convenience of a neighborhood store. Fresh Thyme’s extensive produce department offers organic and local fruits and vegetables. Other products throughout the store include natural meat raised without hormones, seafood, hearty breads, delicious treats from local artisan bakeries, barrels of natural and organic bulk foods, earth-friendly cleaning supplies, and gluten-free and dairy-free options among many others. The company was founded in 2012 and has had substantial growth throughout the Midwest with approximately 70 stores across 10 states.